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eridani

(51,907 posts)
1. The Predators Behind the TPP
Sat Feb 13, 2016, 06:19 AM
Feb 2016
http://readersupportednews.org/news-section2/318-66/35156-the-predators-behind-the-tpp

But the TPP agreement, which aims to tie the United States together with close to a dozen countries in Asia, Oceania and a bit of Latin America, is not in the first place about trade, and may hardly be significant at all for stimulating genuine exchanges traditionally labelled that way. The same is true for its TPIP companion, which is meant to create and foster a new American-European business environment.

The TPP and TPIP accords are about power, not trade. More specifically, the agreements are about changed power relations between a collectivity of politically well-connected large corporations and the sovereign states in which these entities want to sink new roots. In particular, these treaties would allow U.S. corporations to engage in conduct unchecked by national rules of the participating countries. In eyes not fogged over through neoliberal dogma, such a thing would be recognized as predation.

Some history will clarify a lot. The first systematic attempt to establish corporate supremacy over national laws and regulations, begun in 1997 by the Organization for Economic Cooperation and Development, was more honest by calling itself the Multilateral Agreement on Investments (MAI). Under MAI rules, foreign businesses would be guaranteed all the advantages enjoyed by domestic producers and services of the participating countries.

If implemented, the larger foreign investors in these markets could have easily wiped out smaller domestic players with the superior force they can muster and would, once and for all, have made the older standard development methods, known as “import substitution industrialization,” impossible.

Recommendations

0 members have recommended this reply (displayed in chronological order):

The Predators Behind the TPP eridani Feb 2016 #1
^ Wilms Feb 2016 #2
KnR SammyWinstonJack Feb 2016 #3
K&R. nt. polly7 Feb 2016 #4
Obama has been absolutely disgusting on this issue. earthshine Feb 2016 #5
k/r marmar Feb 2016 #6
The only reason it hasn't passed... awoke_in_2003 Feb 2016 #7
Latest Discussions»General Discussion»People Are Stopping The T...»Reply #1